Shares of Gray Media Inc. (NYSE:GTN.A – Get Free Report) fell 10.6% on Thursday . The company traded as low as $7.59 and last traded at $7.59. 131 shares were traded during trading, a decline of 99% from the average session volume of 11,603 shares. The stock had previously closed at $8.49.
Gray Media Stock Up 0.1%
The company has a debt-to-equity ratio of 2.72, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market cap of $863.02 million, a PE ratio of -5.49 and a beta of 0.51. The business has a fifty day moving average price of $9.94 and a two-hundred day moving average price of $10.80.
Gray Media (NYSE:GTN.A – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.34) earnings per share for the quarter. Gray Media had a negative net margin of 3.12% and a negative return on equity of 3.07%.
Gray Media Company Profile
Gray Media, doing business as Gray Television, Inc, operates an extensive network of local television stations and digital platforms across the United States. The company’s broadcast portfolio offers a mix of network-affiliated programming—ranging from national news and entertainment from ABC, CBS, NBC and Fox—to locally produced content including news, sports and weather coverage. In addition to traditional broadcast, Gray Media provides digital advertising, streaming and over-the-top solutions through its websites, mobile apps and branded digital marketplaces.
Established in 1946 as Gray Communications Systems, the company went public in 2006 and adopted the Gray Television name in 2010.
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